Archive for the ‘Spending Habits’ Category

How Homebuyers Can Have the Perfect Timing for Purchase

Thursday, July 15th, 2010

One of the most exciting yet financially taxing moments of your life is purchasing a home. Whether you’re a first time or a repeat buyer, one of the best favors that you can do for yourself is learning when the perfect timing is for purchasing a residential real estate property.

Here, we will try to learn about the ‘real’ state of the real estate industry for homebuyers. Remember that buying a home is one of the biggest investments that you will ever make in a lifetime – so knowing the right timing is crucial. This is especially true with the new developments that will happen in the industry by the middle of the year 2010.  (more…)

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Live and Enjoy Your Life While Saving Money

Tuesday, July 13th, 2010

Author: David Stack

When you’re just beginning to put away money for savings, cutting costs around the house, and tighten your belts when it comes to spending, you and your family may experience a different kind of change, one that might be causes for arguments and disappointments. All the new things may seem such a deal breaker at first, but it’s only that the family is mostly used to spending and not in cutting back. But now, those little spendings count in a big way. (more…)

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How to Live Within Your Financial Means, Even After Financial Success

Friday, July 9th, 2010

Author: Jerry Pelletier

The biggest mistake made by many people who find financial success is to begin living as if there is no limit to their income. There is a sense of security and extravagance that comes with knowing you have a consistent, sizable income. Yet, there is an end to the money flow and if you aren’t careful to live within your financial means you could find that end much quicker than you ever imagined.

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How Personality Traits Affect Financial Planning

Thursday, July 1st, 2010

The ancient Greek expression “Know thyself” carries a lot of weight when it comes to investing. Indeed, an investor’s personality can speak volumes to their ability to spot opportunities and avoid risk. If more people truly “knew themselves” when it came to money over the last decade, it’s arguable we would not have seen many of the individual excesses and mistakes that marked the recent economic slowdown.

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Planning for a Child’s Private School Education

Tuesday, June 29th, 2010

Sending your child to private school is an expensive proposition. For most people, it’s made a little tougher by the fact that it’s necessary to save for a child’s college education at the same time.  Some have the income that makes this easier, but for the rest, it’s necessary to create a pay-as-you-go system that will somehow make it all work. (more…)

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Dealing With Companywide Pay and Benefits Cuts

Saturday, December 5th, 2009

Even as the economy shows a few glimmers of improvement, most economists expect some continuation of job, pay and benefits cuts to continue throughout the year.  What can you do about these moves, even if they’re still in the rumor stage? (more…)

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How to Establish a Spending Plan – Part 1

Wednesday, November 4th, 2009

Your spending plan measures how your actual expenses match your desired expenses, and is also a guide to future spending, promptly paying your bills, and maintaining your good credit.

A Family Spending Plan is Critical

  • 80% of all divorces in the U.S. are related to financial disagreements or difficulties.
  • Americans have accumulated $400 billion in consumer debt. The average household has in excess of $20,000 of non-mortgage debt. (25% of all consumer purchases are by impulse)
  • Only 3% of Americans have a plan for retirement. (more…)
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7 Cures for a Lean Purse

Saturday, October 17th, 2009

This is an overview of the principles found in the classic book on financial education, Richest Man in Babylon by George C. Clauson. (more…)

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Signs Your Spending is Out of Control

Wednesday, September 23rd, 2009
You may be one of those people who don’t have a problem with debt. You pay your bills on time and in full. “I’d never be so stupid as to max out my credit card on a spending spree!” you might think. No, you might not. Is it possible, then, that a debt-free person could have a spending problem?Just because you almost always manage to keep your debt in control and your checking account is never overdrawn, does not mean that you might not be a chronic spender. (more…)
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